48 East 18 Street
Flatiron District, Manhattan
Parcel ID (BBL): 1008460041
Owner: Bijan Nassi
Debt: June 20, 2023, $23.4 million
Built: 1900
Renovated: 1987
SF: 33,638
Dwelling units: 37
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 9
Transactions:
• Bijan Nassi borrowed $23.4 million from Northeast Bank for 220 Park Avenue South, 613 West 140th Street, 2006 Amsterdam Avenue, and 572 West 141st Street, Flatiron District, Manhattan on June 20, 2023.
• Northeast Bank on May 13, 2021 bought a loan with an original principal of $16.3 million from Sterling National Bank, secured by 220 Park Avenue South, Flatiron, Manhattan, when owned by Bijan Nassi.
Development:
• Bijan Nassi filed plans for alteration in Flatiron District, Manhattan, on November 13, 2025.
• Bijan Nassi filed plans for alteration in Flatiron District, Manhattan, on April 03, 2025.
• Rene Nunez filed plans for alteration in Flatiron District, Manhattan, on March 31, 2023.
• Narinder Kaur filed plans for alteration in Flatiron District, Manhattan, on January 24, 2018.
• Gino Gallco filed plans for A3 in Flatiron District, Manhattan, on September 17, 2003.
Violations:
According to city public data, the properties have received three DOB violations, $56,250 in ECB penalties, one housing violation, and $69,300 in OATH penalties in the last year.